At the MoU signing ceremony are (from Left) Chang, Nik Izuddin, Liew, Gu, Sherulanuar and Wen. PUNCAK ALAM: Eco Business Park V (EBP V), Eco World Development Group Bhd’s (EcoWorld) largest green business park, recently held a signing ceremony for the purchase of land and factory lots with 11 new companies. The signing included the…
Read MoreKUALA LUMPUR (March 25): The Housing and Local Government Ministry has recorded 117 abandoned projects covering 30,840 units of houses as at January 31 with 81 of them comprising housing projects priced RM300,000 and below. Its deputy minister Datuk Aiman Athirah Sabu (pictured) said the 81 projects involve 23,031 unit of houses and 12,565 buyers….
Read MoreRehda Selangor chairman Datuk Zaini Yusoff said that Mapex Selangor 2024 will bring the latest offerings of real estate opportunities in Selangor and Kuala Lumpur. PETALING JAYA (March 25): Real Estate and Housing Developers Association (Rehda) Selangor, which aims to make homeownership accessible for all homebuyers in Klang Valley, expects at least RM350 million in…
Read MoreAt the press conference are (from left) Loo, Zaini and Shanaz. PETALING JAYA: Over 9,000 residential units worth over RM4.8bil is up for grabs at the Malaysian Properties Expo (Mapex) Selangor 2024 which will be held at Pavilion Bukit Jalil from April 26 to 28, 2024. Organised by the Real Estate and Housing Developers’ Association…
Read MoreBy Joseph Wong and Yanika Liew If the oppressive heat of Malaysia’s increasingly frequent heat waves hasn’t yet rung alarm bells, the nation is in for a rude awakening. Even as the world embraces another Earth Hour on March 23, one can’t help but wonder what it all means for the real estate industry. …
Read MoreKUALA LUMPUR (March 22): Concord Housing Development Sdn Bhd, a wholly owned subsidiary of UOA Development Bhd, has signed a memorandum of understanding (MOU) with Trendcell Sdn Bhd, the operator of Jaya Grocer, for a potential collaboration to operate a premium grocery store at the developer’s upcoming development — Bamboo Hills Residences, off the DUKE…
Read MoreKUALA LUMPUR (March 20): EcoWorld International (EWI) recorded profit before tax of RM1.5 million in 1Q2024 compared to loss before tax of RM30.4 million in 1Q 2023. EWI stated in a statement that this was due to foreign exchange gains from appreciation of British Pound (GBP) against Ringgit Malaysia (RM) on repayment of advances by…
Read MoreKUALA LUMPUR (March 21): Radium Development Bhd announced the declaration of a first single-tier interim dividend of one sen per ordinary share for the financial year ending on Dec 31, 2024. Radium stated in a media release that this reflected “the company’s robust revenue growth and unwavering commitment to delivering value to its shareholders”. The…
Read MoreKUALA LUMPUR (March 21): IJM Land Bhd has unveiled the first phase of landed hilltop residential development called Ridge View @ Puchong, according to a statement on Wednesday (March 20). The first phase will have a gross development value of RM52 million and consists of a total of 35 double-storey linked villas. There are three…
Read MoreKUALA LUMPUR (March 21): Eco World Development Group Bhd recorded profit after tax for 1Q2024 (including Eco World International or EWI) of RM69.6 million, 22.2% higher than 1Q2023. It also saw RM1.26 billion sales in the first four months of FY2024, representing 36% of the company’s FY2024 sales target. The group’s Iskandar Malaysia projects outperformed…
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